---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-042211"
form_type: "8-K"
ticker: "APA"
cik: "0001841666"
company_name: "APA Corp"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T20:53:19.472545+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# APA Q4 net income $1.8B ($5.78/sh); 2024 guides flat production, 8% US oil growth

## Summary
- Q4 net income $1.8B ($5.78 diluted EPS); adjusted net income $352M ($1.15 diluted EPS).
- Full-year 2023 net cash from ops $3.1B, adjusted EBITDAX $5.3B, free cash flow $965M.
- Returned $637M to shareholders (66% of FCF) via $329M buybacks and $308M dividends.
- US oil production up 12% Q4 vs Q4 2022; total company oil up 8% YoY; 2024 capex $1.9-2.0B.
- Identified 700M barrels recoverable at Sapakara/Krabdagu in Suriname; pending Callon acquisition accretive.

## SEC filing metadata
- accession: 0001193125-24-042211
- form_type: 8-K
- ticker: APA
- cik: 0001841666
- company_name: APA Corp
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841666/000119312524042211/0001193125-24-042211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841666/000119312524042211/d787525d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-042211
- JSON: https://secwatch.observer/filing/0001193125-24-042211.json
- Plain text: https://secwatch.observer/filing/0001193125-24-042211.txt

## Key facts
- Earnings Releases
  APA Corp reported the fourth-quarter and full-year 2023 results: net income net income of $2.9 billion, or $9.25 per diluted common share, EPS $9.25 per diluted common share.
  - Period: the fourth-quarter and full-year 2023
  - Net income: net income of $2.9 billion, or $9.25 per diluted common share
  - EPS: $9.25 per diluted common share
  - Result: reported results
  source text: During the fourth-quarter 2023, APA reported net income attributable to common stock of $1.8 billion, or $5.78 per share on a fully diluted basis.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841666/000119312524042211/0001193125-24-042211-index.htm
- Earnings Releases
  APA Corp reported the fourth-quarter and full-year 2023 results: net income net income of $2.9 billion, or $9.25 per diluted common share, EPS $9.25 per diluted common share.
  - Period: the fourth-quarter and full-year 2023
  - Net income: net income of $2.9 billion, or $9.25 per diluted common share
  - EPS: $9.25 per diluted common share
  - Result: reported results
  source text: For the full-year 2023, APA reported net income of $2.9 billion, or $9.25 per diluted common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841666/000119312524042211/0001193125-24-042211-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.